KAWASAKI, Japan and SANTA CLARA, Calif., Feb. 4 /PRNewswire/ --
NEC Electronics Corporation and its subsidiary in the United States, NEC
Electronics America, Inc., today announced that they have teamed with
Intel Corporation to develop a power management IC (PMIC) solution
optimized for mobile Internet devices (MIDs). The highly integrated PMIC
solution will combine power management, logic, audio and communications
functions. Intel-based MIDs are targeted to bring the best Internet
experience in your pocket and will allow consumers to stay in touch with
family, entertain with friends, stay informed and be productive on the
go.

"NEC Electronics' power management technology helps to
maximize battery life, support high levels of integration and minimize
motherboard space.critical requirements for emerging portable
devices," said Minoru Matsuda, General Manager, Power Management
Devices Division, NEC Electronics Corporation. "Through our
collaboration with Intel, we expect to deliver a PMIC solution that
enhances the end-user experience by maximizing power efficiency,
enabling the freedom to roam."

"Mobile Internet Devices (MIDs) is an emerging category and
represents an exciting growth opportunity for the industry," said
Pankaj Kedia, Director of Global Ecosystem Programs in the Ultra
Mobility Group at Intel Corporation. "NEC Electronics'
expertise in highly integrated power management solutions and
Intel's low power technologies, will enable smaller, thinner,
sleeker MIDs with great battery life for the consumer."

Initial samples of NEC Electronics' power management ICs are
expected to be available in Q3 of 2008.

NEC Electronics has strong experience developing highly integrated
PMICs for customers in mobile markets for more than 15 years. More
information about NEC Electronics' power management IC offering can
be found at http://www.am.necel.com/pmd/pmics.html.

NEC Electronics and NEC Electronics America are either registered
trademarks or trademarks of NEC Corporation in the United States and/or
other countries. Intel is a trademark of Intel Corporation. All other
registered trademarks or trademarks are property of their respective
owners.